Damascus Chamber of Industry Seeks to Adjust Customs Tariffs

Damascus Chamber of Industry Seeks to Adjust Customs Tariffs

The Damascus Chamber of Industry and its countryside is actively pursuing measures to support the Syrian industrial sector by reviewing existing customs policies. Mohammad Al-Mawlawi, head of the Chamber, announced that current efforts are centered on establishing a fair balance in customs tariffs to ensure the stability of local production processes.

These initiatives are part of a broader strategy by the Chamber to alleviate the financial burdens faced by industrialists. Al-Mawlawi emphasized the urgent need to reduce fees on imported raw materials, which serve as the foundation for national industries. By lowering these costs, the Chamber aims to decrease final production expenses, a move expected to improve the competitiveness of Syrian products in the marketplace and support the long-term viability of industrial facilities in Damascus and its rural areas.

This development reflects a clear trend among industrial institutions to enhance the business environment by removing obstacles to importing production inputs. Such measures are particularly critical given the current economic challenges, which necessitate greater flexibility in trade policies.

The Chamber’s recent actions are part of its ongoing role in coordinating with relevant authorities to develop and update laws and regulations governing imports and exports. These efforts are intended to align trade policies with the needs of the national economy, ensuring that industrial operations can continue to function effectively despite existing economic pressures.


Source: Syria Focus Arabic